The Geographic Assessor (ERIGA) Software and Databases Background
The Geographic Assessor® (ERIGA) software and databases provide comparisons of area base pay differentials with graph comparisons and multiple area benchmark listing comparisons.
The Geographic Assessor software and databases assist with the assessment of branch location wage/salary competitiveness and the setting of salary structures.
Calculate wage and salary differentials between any of 7,200 North American cities and/or 400+ areas in the U.K.
Report cost-of-living differentials (for renters) summary data. (See Relocation Administration below.)
Suburbs and geographic areas may be grouped as “user-defined” average areas to reflect defined labor market pools or geographic zones.
Immigration Analysis allows the user to compare actual salary survey extracts with OES and other Government published data
Tables and graphs are displayed according to dollar variances or percentage differentials. Tables may be ranked and sorted. Data from all tables or graphs may be saved, loaded, and written to printers or files.
The Geographic Assessor software and databases assist with up-to-date evaluations of base pay differentials, and this product is the only source of its kind that reports data compiled from all available salary surveys.
Wage and salary levels and differentials are derived from thousands of wage and salary surveys and sources.
Cost-of-living variance models are developed from downloaded databases and listings.
ERI databases are updated daily, and software quarterly updates are released in January, April, July, and October of each subscription year.
GEOGRAPHIC ASSESSOR BACKGROUND
The Geographic Assessor software and databases were initially created as an easy-to-use calculator of geographic pay and cost-of-living differentials. This product calculates variances between cities as a complement to the Geographic Reference Report, which provides only structures and equations compared to a U.S. “national norm.” Users of the Geographic Reference Report must hand-calculate inter city differentials by first converting a Base City’s “Area Structures” data to U.S. or Canadian “national”, and then making a second comparison to the “Destination City”. The Geographic Assessor software and databases perform these calculations for you in seconds.
For salary and wage levels, ERI continues to apply regression analyses to nationally and regionally reported survey data, utilizing a benchmark modeling technique developed by ERI. ERI effects no “magic” with our collection of survey data, creation of a master database, and regression analyses. You might also produce these results, should you wish to expend the time and expense of collecting the thousands of national and local area surveys now conducted within the U.S. and Canada by consulting, trade, association, private, and government entities.
Based upon these two separate data analyses, the Geographic Assessor software and databases calculate both the relative cost-of-living and salary and wage levels for selected metropolitan areas or cities. The Geographic Assessor software and databases also provide a comparison of both areas to a U.S. “National Average” or Canadian “National Average.”
Subscribers who are administering an employee relocation or transfer are strongly encouraged to utilize the Relocation Assessor® software and databases. The Geographic Assessor software and databases present "cursory" cost-of-living information. This information is limited to renters' spending patterns and is intended to provide only a first-step/look at the relative buying power of wages/salaries in different areas. It is not intended to present a recommended COLA or other relocation administration data.
ERI researchers save our subscribers time and expense by collecting and analyzing wage/salary and cost-of-living information for you!
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